Monday, August 8, 2016

Apple Acquires Turi

Mountain View-based Apple has acquired machine learning and artificial intelligence software developer Turi. The deal is reportedly worth around $200M. Turi--formerly known as both Dato and Graphlab--had raised $25.25M in funding, from such backers as Madrona Venture Group, New Enterprise Associates, Opus Capital Ventures, and Vulcan Capital. The company was based in Seattle.